About the RoleOpenLoop's mission is to
bring care anywhere by powering telehealth solutions at scale. OpenLoop is looking for a
Senior Director of Procurement to join our team remotely. In this role, you will be responsible for leading company-wide sourcing, vendor management, and spend optimization efforts. You will build and scale a centralized procurement function that supports rapid growth while driving transparency, cost savings, and compliance.
What You'll Do- Develop and standardize a centralized procurement policy and process that promotes operational efficiency, spend visibility/controls, and compliance.
- Implement and optimize a new procurement software tool, ensuring configuration aligns with business needs and provides actionable reporting for leadership and department heads.
- Lead annual budget planning processes in coordination with FP&A, aligning procurement strategy with financial goals.
- Establish a collaborative framework with department heads to empower visibility and control of department-specific spend, vendor relationships, and budgeting.
- Work closely with the Compliance and Legal teams to ensure all procurement activities, vendor contracts, and policies meet regulatory and legal standards.
- Partner with Legal to review and negotiate vendor contracts, ensuring appropriate risk mitigation language and service level agreements.
- Other duties as assigned.
Who You Are- Bachelor's degree in Supply Chain, Business, Finance, or a related field; advanced degree a plus.
- 10+ years of experience in procurement, sourcing, or supply chain, including leadership roles in high-growth and/or multi-location environments.
- Proven success designing and scaling centralized procurement operations and policies in both high-growth startup/scale-up environments and publicly traded companies.
- Strong knowledge of procurement software and spend management systems; experience with implementation is a plus.
- Experience in healthcare, pharmacy, and/or digital health.
- Demonstrated ability to drive cost savings, process improvements, and supplier performance management.
- Skilled in vendor negotiations, contract review, and cross-functional stakeholder collaboration.
- Strategic thinker with a hands-on, execution-oriented approach.
- Excellent communication, project management, and leadership skills.
Our BenefitsIn addition, for salaried positions you would also be eligible for:
- Medical, Dental, and Vision plans
- Flexible Spending/Health Savings Accounts
- Flexible PTO
- 401(k) + Company Match
- Life Insurance, Pet insurance, and more
